Core Viewpoint - Nebius Group (NASDAQ: NBIS) has the potential to deliver a 1,000% return over the next decade, driven by its role in the AI boom and its offerings in AI data centers and software solutions [1] Group 1: Business Performance and Projections - Nebius closed 2025 with $1.25 billion in annual recurring revenue (ARR) and expects to reach up to $9 billion by the end of 2026, supported by an expanding pipeline of gigawatts [6] - The company anticipates having 3 gigawatts of contracted power by the end of 2026, having already secured over 2 gigawatts, which positions it to support multiple significant deals [7] Group 2: Strategic Partnerships and Acquisitions - Nebius secured a five-year deal with Microsoft valued at up to $19.4 billion, covering approximately 300 megawatts, and also has a $3 billion deal with Meta Platforms [2][9] - The acquisition of Tavily is aimed at enhancing Nebius' software capabilities, further solidifying its competitive edge in the market [8] Group 3: Market Context and Opportunities - Research indicates a significant electricity shortage for AI data centers, with a projected 44-gigawatt shortfall by 2028, which may enhance Nebius' pricing power as demand for data centers increases [10]